Operators / Kraken

Kraken

Exchange · Payward, Inc. · San Francisco, California[1]

www.kraken.com

Crypto exchange. Acquired Small Exchange, LLC, a CFTC-licensed Designated Contract Market, from IG Group for $100M, announced Oct 16 2025, to build a US-native derivatives product suite; entry into prediction markets specifically was reported as under consideration, not yet formalized, as of this research pass.

Brands

• Small Exchange — Prediction markets

Sources

1. Kraken acquires a CFTC-regulated Designated Contract Market, expanding derivatives footprint in the U.S. market · retrieved Oct 11, 2026